Archived IMT (2010.07.09)
STELLAR CANADIAN JOBS REPORT as June unemployment unexpectedly drops to a 14-month low of 7.9% from 8.1%, with the payrolls rocketing by 93K from 24K vs forecasts of 15K. OUR FOLLOWERS ON TWITTER were told of the 1.0340 target (61.8% retracement) in the event of a robust report. Over the past week, weve lauded the Canadian dollar based on its favourable fundamentals and favourable treatment for foreign investors (compared to the US). Downside risk from a double-dip in the US remains an evident red flag, but in the meantime, CAD should be among the top performers in each and every round or risk bounce. EURCAD EYES 1.2980. GBPCAD eyes 1.5560. Twitter followers were warned of falling GBP after negative trade figures and PPI, calling for $1.5130 prelim target. FOLLOW US ON TWITTER http://twitter.com/alaidi
Latest IMTs
-
محتوى بوصلة السوق من العائد الى الذهب و الناسداك
by Ashraf Laidi | Mar 20, 2024 12:42
-
BTC Needs Powell Correction بيتكوين بحاجة الى تصحيح
by Ashraf Laidi | Mar 18, 2024 17:20
-
Not once, twice, but six ستة مرات ليس صدفة
by Ashraf Laidi | Mar 13, 2024 10:07
-
Finding 88K Bitcoin كيفية الوصول الى
by Ashraf Laidi | Mar 4, 2024 12:21
-
شراء بيتكوين وصل الى عشر أضعاف الإنتاج
by Ashraf Laidi | Feb 29, 2024 9:17